Hinckley & Rugby for Intermediaries launches new residential and buy-to-let Visa products
09 June 2026
Hinckley & Rugby for Intermediaries has announced the launch of four new two-year discount Visa mortgage products, available from Friday 5 June 2026, strengthening its specialist lending proposition for brokers supporting clients living and working in the UK on eligible visas.
The latest launch includes two residential Skilled Worker Visa products available up to 95% loan-to-value (LTV), alongside two Visa Buy-to-Let (BTL) products – one for personal applicants and one for limited company landlords – designed to give intermediaries greater flexibility when placing cases for clients who may not meet mainstream lending criteria.
Supporting a wider range of visa borrowers
The launch follows recent updates to Hinckley & Rugby’s Visa lending criteria, including the introduction of a minimum income requirement of £41,700 for single residential Skilled Worker Visa applicants. This requirement does not apply to applicants employed in teaching roles, the NHS, or private healthcare settings.
For Visa buy-to-let applications, the minimum income requirement for single applicants is set at £35,000.
The Society’s Visa policy remains flexible and takes into account factors such as UK residency, remaining visa term and loan-to-value limits. This approach underpins its wider Visa proposition, with applications considered on a case-by-case basis by experienced underwriters, helping brokers place clients with a broad range of circumstances.
The proposition supports a range of visa types, including Skilled Worker, Health and Care, Global Talent, British National (Overseas) and Ancestry visas, providing additional options across both residential and buy-to-let lending.
Residential Skilled Worker Visa product details
Both residential products are available for purchase and remortgage and include £250 cashback. Each product carries an £800 completion fee and a payable valuation fee.
The new residential visa products include:
- Two-year discount at 5.75% variable; 1.14% below the Homeowner Variable Rate (HVR), at 95% LTV
- Two-year discount at 5.50% variable; 1.39% below the HVR, at 90% LTV
Visa Buy-to-Let product details
The Visa Buy-to-Let products are available for purchase and remortgage and include a £250 application fee, £999 completion fee, and payable valuation fee.
The new Visa Buy-to-Let products include:
- Personal Buy-to-Let two-year discount at 5.19% variable; 1.70% below the Landlord Variable Rate (LVR), at 80% LTV
- Ltd Company Buy-to-Let two-year discount at 5.39% variable; 1.50% below the LVR, at 75% LTV
Interest Coverage Ratios (ICR) are set at 125% for basic rate taxpayers and 145% for higher and additional rate taxpayers on personal applications, with a flat 125% for limited company borrowers.
Christopher Holmes, Products & Proposition Senior Manager at Hinckley & Rugby, said:
“We know that many people living and working in the UK on eligible visas can face additional challenges when it comes to accessing mortgage finance, despite having stable incomes and making a valuable contribution to the economy.
Recent research has highlighted how affordability is becoming an increasing barrier to homeownership, particularly for key workers in sectors such as healthcare, where property prices are often outpacing borrowing power. That’s why it’s important that lenders continue to provide options that help more borrowers achieve their homeownership ambitions.
These new products further strengthen our Visa proposition, providing brokers with more choice across both residential and buy-to-let lending. By offering lending up to 95% LTV on residential applications and maintaining a flexible approach to eligible visa types, we’re helping intermediaries support a wider range of clients who may find their options more limited elsewhere.”
For full product details and criteria, visit https://intermediaries.hrbs.co.uk/thesociety/news/society-introduces-new-residential-and-buy-to-let-visa-products/
